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Archway Investment Corporation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 464352926 ✦ Denver, CO ✦ Designated as a 501(c)(3)

Overview

What is Archway Investment Corporation Inc?

Archway Investment Corporation Inc, situated in Denver, Colorado, is a dedicated nonprofit organization. Its primary mission is to create affordable housing opportunities for families and seniors with modest incomes. This mission is embodied in their daily activities, which involve developing and constructing homes that cater to this demographic, ensuring they have access to comfortable and affordable living spaces. The organization's commitment extends beyond just building homes, as it works towards enhancing the living conditions of its target community, contributing positively to their overall quality of life.


Official website here: www.archwayhousing.org

Is Archway Investment Corporation Inc legitimate?

Archway Investment Corporation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Archway Investment Corporation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $418,468
Professional Fundraising Fees: $0
Other Salaries and Wages: $736,108

For more financial information, click here


Official website here: www.archwayhousing.org

What is the mission statement of Archway Investment Corporation Inc?

Archway Investment Corporation Inc, as its mission, focuses on developing affordable housing options for families and seniors with moderate to low income levels. This organization is dedicated to addressing the housing needs of this demographic, ensuring they have access to suitable living spaces. By developing affordable housing, Archway Investment Corporation Inc contributes to improving the living conditions and quality of life for these individuals. The organization's activities primarily revolve around affordable housing development, aiming to make housing more accessible and affordable for those in need.


Official website here: www.archwayhousing.org

Who is the CEO of Archway Investment Corporation Inc?

George Kelly is the President of Archway Investment Corporation Inc.


Official website here: www.archwayhousing.org

What is the revenue of Archway Investment Corporation Inc?

Archway Investment Corporation Inc's revenue in 2022 was $8,113,780.


Official website here: www.archwayhousing.org

Who are the executives of Archway Investment Corporation Inc and what are their salaries?

Here are 8 key members and their salaries:

    Arnold S Corradino (Executive Director)
  • Compensation: $0
  • Related: $268,181
  • Other: $36,204

    • Julianne Stern (Director Of Real Estate)
  • Compensation: $0
  • Related: $150,287
  • Other: $19,517

    • Andrea Weule (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lee Berg (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brandon Friedman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Zenzi Reeves (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Allyson Drayton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lia Martinez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.archwayhousing.org

    Where can I find the form 990 for Archway Investment Corporation Inc?

    The Archway Investment Corporation Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.archwayhousing.org

    Learn more at the official website: www.archwayhousing.org

    Mission Statement of Archway Investment Corporation Inc

    Archway Investment Corporation Inc, as a nonprofit organization, is dedicated to an important mission. Its primary objective is to develop affordable housing options for families and seniors who fall into the low and moderate income brackets. This mission is carried out through various developmental initiatives, all aimed at providing suitable living arrangements for those in need. The organization's focus on affordable housing is a significant contribution to ensuring that everyone, regardless of their income level, has access to a decent place to live.

    Impact

    This information is meant to be a general summary of Archway Investment Corporation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Archway Investment Corporation Inc has a significant impact on the community by developing affordable housing for low and moderate-income families and seniors in Denver, CO. Their mission to provide affordable housing solutions directly addresses the pressing need for accessible and safe housing for these vulnerable populations. By offering affordable housing options, Archway Investment Corporation Inc contributes to enhancing the quality of life for individuals and families in need, promoting economic stability, and fostering a sense of community within the area. Their proactive approach in addressing the housing challenges faced by low and moderate-income individuals showcases their commitment to making a positive impact on the community.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $4,888,900
  • Program Service Revenue: $2,017,682
  • Gross Receipts: $23,079,989

    • Assets and Liabilities:
  • Total Assets: $19,176,389
  • Total Liabilities: $3,463,218
  • Net Assets: $15,713,171
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    DEVELOPER FEES

    Revenue

    $1,792,812

    INTEREST ON LOANS

    Revenue

    $165,452

    MANAGEMENT FEES

    Revenue

    $59,418

    Organization Details

    Founding Year

    2013

    Principal Officer

    George Kelly

    Main Address

    8585 WEST 14TH AVE, DENVER, CO, 80215

    NTEE Category

    Code: L20 - Housing

    If you are a representative of Archway Investment Corporation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.